PSCT ETF: What Is It? Returns, Expense Ratio, Holdings, and Alternative ETFs Explained
The Invesco S&P SmallCap Information Technology ETF is a passive sector product that invests in US small-cap technology stocks. Sector concentration, volatility, and growth prospects are the key points to check, and comparison with large-cap tech ETFs is the main selection criterion. Its trading ticker is PSCT.
What Is the Invesco S&P SmallCap Information Technology ETF?
This is a passive sector ETF that tracks an index made up of information technology sector stocks from the S&P SmallCap index. It offers concentrated exposure to small technology companies rather than large-cap tech stocks.
It suits growth-oriented investors who want to bet on the growth potential of small-cap tech stocks while accepting the large volatility that comes with sector concentration and small-cap characteristics.
It is an ETF managed by Invesco using a passive (index-tracking) approach.
How Does the Invesco S&P SmallCap Information Technology ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | S&P SmallCap Information Technology Index |
| Management Style | Passive (index tracking) |
| Rebalancing Frequency | Periodic (per index rules) |
| Dividend Frequency | Semiannual dividends |
| Expense Ratio | 0.29% |
The fund tracks, on a market-cap-weighted basis, an index of US small companies in the information technology sector of the S&P SmallCap index. Because it focuses on small technology companies such as semiconductors, software, and hardware rather than large tech firms, small-cap and technology sector characteristics combine to make it relatively volatile.
- Focus on US small-cap tech stocks
- Exposure to a small-cap tech segment distinct from large-cap tech
Invesco S&P SmallCap Information Technology ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $480.2M, and the expense ratio is 0.29% per year.
Unlike large-cap tech ETFs, it is concentrated in small-cap tech stocks, which gives it greater growth potential, but small-cap and technology sector characteristics combine to make it very volatile.
Invesco S&P SmallCap Information Technology ETF Performance and Trends
Small-cap tech stocks react very sensitively to technology demand, earnings, the interest rate environment, and risk appetite. They can post sharp gains when tech stocks are in favor and risk appetite is strong, but volatility can expand significantly during periods of rising rates, tech corrections, or risk aversion.
Money tends to flow into small-cap tech ETFs when interest in small-cap tech stocks and growth is rising, and it can leave quickly when worries about a tech correction, rising rates, or risk-averse sentiment intensify.
Invesco S&P SmallCap Information Technology ETF Pros and Cons
Its strength is the growth potential of small-cap tech stocks, while its weakness is the very large volatility that comes with sector concentration and small-cap characteristics.
💪 Key Strengths
⚠️ Points to Watch
Invesco S&P SmallCap Information Technology ETF Alternative ETFs and Related Products
The VGT, XLK, and FTEC shown in the table are large-cap-focused technology sector ETFs, so their market-cap ranges differ. For further technology exposure, you can also compare small-cap semiconductor XSD, software IGV, and cloud SKYY. These differ in market-cap range, sub-industry composition, and fees, so it is best to choose according to your investment style.
| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | $113.09 | -0.6% | $142.2B | 0.09% | 0.42% | +16.9% | |
| State Street Technology Select Sector SPDR ETF | $173.77 | -0.3% | $116.5B | 0.08% | 0.48% | +18.2% | |
| iShares Semiconductor ETF | $154.99 | -0.3% | $44.9B | 0.33% | 0.27% | +55.2% | |
| iShares Dow Jones U.S. Technology Sector Index Fund | $235.29 | -0.6% | $23.7B | 0.37% | 0.1% | +15.8% | |
| Fidelity MSCI Information Technology Index ETF | $269.86 | -0.6% | $20.3B | 0.08% | 0.41% | +17.0% |
| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| Sanmina Corp | 0.09% | $164.48 | +3.3% | $8.8B | 24.0 | - | |
| Semtech Corp | 0.09% | $119.44 | -4.6% | $11.1B | 79.4 | - | |
| Interdigital Inc | 0.05% | $295.41 | -1.8% | $7.6B | 32.5 | 0.98% | |
| Viavi Solutions Inc | 0.04% | $32.56 | -1.4% | $8.0B | 146.9 | - | |
| SiTime Corp | 0.04% | $470.55 | -0.4% | $14.2B | 500.2 | - | |
| Viasat Inc | 0.08% | $71.24 | -5.2% | $9.9B | - | - | |
| FormFactor Inc | 0.04% | $92.32 | -3.6% | $7.2B | 42.2 | - |
Invesco S&P SmallCap Information Technology ETF Investor Checkpoints
These are the points to review before investing in PSCT. As a small-cap tech ETF, it is important to check sector concentration, volatility, interest rate sensitivity, and fee level in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Check the fee of the passive sector ETF | On the low side |
| 💻 Sector Concentration | Check concentration in a single tech sector | Concentrated |
| 📉 Volatility | Check the large volatility inherent in small-cap and tech stocks | Very high |
| 📈 Rate Sensitivity | Check the rate sensitivity of the growth stock weighting | Sensitive |
It is concentrated in a single technology sector, so diversification is limited, and small-cap and technology characteristics combine to make volatility very high. Given the large share of growth stocks, investors should consider that losses can widen sharply during periods of rising rates, tech corrections, or risk aversion.
This passive ETF suits growth-oriented investors who want to bet on the growth potential of small-cap tech stocks while accepting large volatility. For large-cap tech exposure, a large-cap tech ETF may be the better choice, while PSCT can be an option for those who want to focus on small-cap tech.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 5, 2026.